Goldman Sachs: Lowering Micron Technology's Target Stock Price to $128
王俊杰2017
发表于 어제 09:34
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Securities Times Online News: Goldman Sachs has lowered its target stock price for Micron Technology from $145 to $128, but still maintains a "buy" rating. FactSet survey shows that analysts have an average rating of "overweight" for Micron Technology, with an average target price of $135.74. Micron Technology is mainly engaged in semiconductor design, manufacturing, and marketing. Its products include memory products and semiconductor systems, with sales mainly coming from IT infrastructure, mobile phones and devices, storage media, and other markets such as automotive, connected home, and consumer electronics. Recently, Micron Technology's performance forecast fell short of expectations, leading to pressure on its stock price. Multiple institutions believe that it will face continued pressure on pricing and gross profit margins.
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Disclaimer: The views expressed in this article are those of the author only, this article does not represent the position of CandyLake.com, and does not constitute advice, please treat with caution.
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